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CIPS Updated L5M5 Exam Questions and Answers by elyas

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CIPS L5M5 Exam Overview :

Exam Name: Managing Ethical Procurement and Supply
Exam Code: L5M5 Dumps
Vendor: CIPS Certification: CIPS Level 5 Advanced Diploma in Procurement and Supply
Questions: 89 Q&A's Shared By: elyas
Question 24

Green Book Ltd wants to include ESG measures in contracts. Which of the following is not an ESG performance measure?

Options:

A.

Waste reduction

B.

Social value

C.

ED&I (Equality, Diversity & Inclusion)

D.

On time in full delivery

Discussion
Question 25

The unethical practice of using information that is not publicly available to trade on the stock market is commonly known as what?

Options:

A.

Bribery

B.

Kickback

C.

Insider trading

D.

Greasing the wheels

Discussion
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Question 26

ABC Construction is in a contract with DEF Developers to deliver 40 houses. The contract includes a "Payment is of the Essence" clause. DEF fails to pay for completed work. ABC stops work. Are they allowed to do this?

Options:

A.

No – the contract has not been completed, so ABC must continue working

B.

No – as long as payment is made eventually, ABC must keep working

C.

Yes – ABC have the right to stop work as non-payment is a breach of contract

D.

Yes – it is a legal requirement to pay construction firms regularly

Discussion
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